The grey shad is the first 2/3rd of the triangle (point of average breakout). Upward breakout has a 60%, downwards 40% according Bulkowski's research.
Note
Grey shading didn't come through onto the published chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.